These countries will benefit immensely from this act of compassion. For example, one in five Malawians is HIV-positive and the country spends more on debt interest payments than health.

In today's profit driven world where corporations aim only to increase their profit margin, this is a welcomed move from the leading Governments in the world. Here compassion shone through greed, through selfishness and illuminated a better path for nations in need.

It doesn't stop here though. Plans are on the drawing board for further debt write-offs - 20 other country are eligible provided they meet strict requirements which demonstrates the integrity and ability of their Government. Potentially $55 billion USD of debt will be written off.

If only business can be convinced to do the same for people in need - widows, single parents, students. People who are struggling to pay back debts where interest alone cripples their ability to lead a better life.

I must admit I am pleasantly surprised by this move. It goes to show that compassion still exists in our world's leaders and all is not lost.